*ECONOMICS* Which situation best illustrates the concept of absolute advantage?
O A. A factory in Vietnam can produce more shoes than other
countries.
O B. The total value of U.S. exports is lower than the value of the
country's imports.
O C. A software company is forced to increase its prices to pay for
rising labor costs.
D. A restaurant buys its ingredients from nearby farms to help the
local economy.

Answers

Answer 1

Answer:

O A. A factory in Vietnam can produce more shoes than other

countries.

Explanation:

Absolute advantage is the capability of a commercial entity to produce goods using fewer resources compared to rivals. Using the same inputs, an entity with an absolute advantage produces a larger output compared to competitors. It means the firm has a lower marginal cost of production. Therefore, its products will have the lowest prices in the market.  

The factory in Vietnam has an absolute advantage in producing shoes. It is using fewer resources than rivals to manufacture shoes, that why it is producing a higher quantity.


Related Questions

13. The markets for laundry detergents, soft drinks and automobiles are dominated by a few
sellers. Economists would classify these markets as examples of:
a. Monopolistic competition
b. Perfect competition
C. Oligopolies
d. Monopolies

Answers

Answer:

C. Oligopolies

Explanation:

Oligopoly is a market structure dominated by a few big firms sellers serving a large number of buyers. For example, the mobile phone business in the US is a big market buy is dominated by four to six service providers.  In the oligopoly market, the firms could be selling differentiated or identical products. Apart from the main dominating firms, they are other small companies operating in the industry, but their market share is small.

Other characteristics of an oligopoly include

Barriers to entry:  heavy capital required to enter the market is a barrier to many interested sellers. Heady advertising among the existing firmsThere is interdependence and cooperation between the few sellers.

A general rule of thumb is to keep your credit utilization rate at 30% or lower. What is your approximate credit utilization rate for this current billing cycle?

Answers

Answer:

30%

Explanation:

Credit utilization can be regarded as the percentage of the total credit that individual is utilizing. It's financially advisable to keep the credit utilization ratio in order to have a good credit score.

To calculate credit utilization rate;

✓ one need to know the information about one credit account.

/✓Then divide the total balance by the total credit limit

✓then multiply by 100

For instance if the total balance is $5000 and total credit limit is $25000 then the credit utilization ratio is ($5000/$25000)×100%

= 20%

Whenever the credit utilization ratio is

higher than 30% it will bring about the decrease of credit score, as a result of this , the lender can be worried because he/she may think the ratio is overextended, and paying back new debt might not be easy.

Therefore, with general rule of thumb is to keep your credit utilization rate at 30% or lower. your approximate credit utilization rate for this current billing cycle is 30%

Answer- 30 percent

Explanation: In A general rule of thumb is to keep credit utilization below 30%, But when we study in FICO found that “high-achievers” consumers with credit scores 750 and above also use less than 10% of their total available credit limit. You can aim to keep your credit utilization rate as low as possible in order and avoid hurting your credit score, but not compulsory as low as 0%.

Let take the example and calculate the credit utilization rate 3 cards are card (A), card (B), and card (C)Your credit utilization is influenced by three main factors are:First, you have to the opening or closing of the account.Then second-factor balance and the credit limit on your accounts.Then the last factor multiplies by 100.

                           Card A :     $250 ,    $2,000

                           Card B :     $750 ,   $6,000  

                           Card C :     $3,000   , $12,000  

                           Total :       $4,000,   $20,000

If divide your total balance ($4,000) by your total credit limit ($20,000). Then, multiply by 100 to get the percentage. To get find your utilization rate,

answer will be : $4,000 / $20,000 = 0.2 x 100 = 20%

Therefore, the general rule of thumb is to keep your credit utilization rate at 30% or lower. your approximate credit utilization rate for this current billing cycle is 30%

Learn more about the general rule of thumb

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what would you do when you grow up?*Career*
And explain why!

Answers

Answer:

Nursing or famous singer

Explanation:

because I want to inspire other people and make them happy.

Answer:

Explanation:

W

hat do you want to be when you grow up? Have you ever been asked that question before? What was your answer?

You might say you want to be a firefighter, a ballerina, a policeman, a professional athlete, a doctor, or a teacher. Parents and teachers who ask this question of their children and students will tell you that very few kids express an interest in being an insurance adjuster, an administrative assistant, a market researcher, or a database administrator.

Why is that? Although there are literally billions of people in the world working in all sorts of jobs, you might only know about the jobs held by people you come into contact with in your daily life.

For example, you might be familiar with the jobs your parents, friends, or relatives hold, as well as those you see portrayed on television shows or held by people you come into contact with in your community, such as doctors, dentists, and teachers.

Since you will likely have to work a full-time job to support yourself and perhaps your family in the future, it's important to choose a career path that provides both necessary income and job satisfaction. If you choose a job that makes you unhappy, your life will not be as happy and fulfilling as you want it to be.

Be sure to investigate all kinds of careers. The perfect job for you might be something that you've never heard of…yet! The future is unwritten and the possibilities are endless. Tomorrow's happiness and success will depend in part on the planning and work you do today with tomorrow in mind.

Thinking about the future and planning for what you want to be when you grow up should not be limited to just one day, though. Start talking with teachers, parents, relatives, friends, and mentors in all sorts of settings — at school, at home, at work, at church — any time you have questions about the future.

There's never a bad time to think about your talents and interests and wonder how those might someday shape your future career. What subjects do you enjoy and excel at in school?

Are you a math whiz? Maybe you should be an engineer or a scientist someday. If you're good at language arts, perhaps you could become a writer. Do you look forward to art more than any other class? Perhaps a career in design is in your future.

Although working for a living may seem far, far away, it's closer than you think. Planning for success in the future starts today. As you think about careers, explore what skills and education you will need to be successful in the careers that interest you.

For example, if you are interested in careers that require a college degree, you will need to work hard in school — now — to ensure that you are able to attend college one day. Some careers don't require a college degree, but specialized training may be necessary. For example, if you want to be a chef, you might need to attend a special culinary arts program.

Knowing what type of education or training you need for various careers will help you plan today to get where you want to be tomorrow!

Don't limit your explorations to careers that exist today. Many of the people working in the field of computers and Internet technology have jobs that did not exist when they were children. Believe it or not, you may one day work in a job that no one has yet dreamed into existence.

When you look into your crystal ball to see what the world will be like in 10, 15, or even 20 years from now, what do you see? What trends do you think will continue? What types of jobs will always exist? What types of jobs exist today that might be gone by the time you are ready to enter the workforce?

So take some time today to dream. And dream big! The world is your oyster. Make the most of it.

Dream about the type of world you want to live in. Dream about the family you want to have and what type of community you want to live in. Dream about what you love to do and what you're good at. Start dreaming of the person you will be one day. Then make it happen!

Logistics means creating an efficient assembly line.
A.
True
B.
False

Answers

Answer:

False

Explanation:

The answer is false.

The answer is B. False. This is false but kind of true considering an assembly line is complex and moving supplies. Logistics deals with how things get to their destination, are stored, or are collected. Anyways it is False

Si usted estuviera en 1992 y hubiera sido un inversionista norteamericano, ¿habría comprado bonos del Gobierno de México o acciones de empresas mexicanas?

Answers

Answer:

Si estuviese en 1992 y hubiese sido un inversionista norteamericano, de ninguna manera hubiese comprado bonos del Gobierno de México o acciones de empresas de dicho país.

Ello pues en ese entonces, el gobierno a cargo de Carlos Salinas de Gortari se encontraba llevando a cabo medidas económicas de corte liberal, dilapidando reservas internacionales para poder garantizar la competitividad del mercado mexicano, intentando atraer empresas extranjeras para invertir en el país. Pero esos movimientos, contrario a lo que el gobierno creía, no generaron mayores ingresos al país, sino que generaron situaciones de inestabilidad económica que hicieron que el gobierno de México tuviera que devaluar su moneda, generando una enorme crisis económica y financiera que fue mundialmente conocida como la Crisis del Tequila.

which incident inspired Aaitaman?

Answers

Answer:

you can search either in Google or brainly and then you will have the answer

One day, he was going to school. He had to walk on the terrace of field.
He was walking on the terrace. He saw a small round insect carrying food
and climbing up the terrace. When the insect was about to reach the top
of terrace, it fell down. But the insect didn’t give up. It again tried to climb up. It was again about to reach the top, it again fell down as the first time. It
was still not discouraged So it tried for third attempt and was able to reach
the top carrying the food and it took into the hole where it used to live.
Though the incident was minor, it had a great impact on Aaitaman

A traditional, physical bank with online options is a type of online bank.
Please select the best answer from the choices provided
ОТ
OF

Answers

Answer:

True

Explanation:

Online banking is banking done via the internet. A customer does not need to be physically present at the bank's buildings. If their banks facilitate transactions through the internet, then it's an online bank.

Many traditional banks have incorporated online banking in their normal operations. However, online-only banks have emerged with no walk-in facilities as with traditional banks.

hi ik someone is going to report but i just want to say hi

Answers

Hiiiiiiii how are you today? :)

Lol, mood. Hi! I am literally so bored to. Anyways hope you have a good day!

:) :) :)

Its Veterans day
Who is a Veteran.

Answers

my dad is a veteran

Answer:

veterans

Explanation:

If you are trying to establish a credit history, would you use credit to make a purchase even if you could pay cash? Why?

Answers

Answer:

By using credit, you're building up your overall score. Cash purchases go unnoticed by companies and your bank.

Explanation:

help plz
Which of the following would be included in the U.S. gross domestic product
(GDP) measure?
O A. The value of Apple products made in Canada
B. The value of Levi jeans made in Malaysia
C. The value of Toyota cars made in California
D. The value of Nike shoes produced in China
SUBMIT

Answers

The correct option is C. The value of Toyota cars made in California would be included in the U.S. gross domestic product (GDP) measure

Gross domestic product (GDP) is the accepted unit of measurement for the value added produced by the production of goods and services in a nation over a specific time period.

Why is GDP measured?

The term "gross domestic product," or "GDP," refers to the total monetary value, or "market value," of finished products and services produced inside a nation over a specific timeframe, usually a year or quarter. In this regard, it serves as a gauge of domestic output and a tool for assessing the state of an economy.

The quantity of all commodities and services produced is multiplied by their prices, and the resulting amount is used to calculate GDP. GDP can be calculated using either the total amount of goods and services purchased or the amount of production.

Thus, As a result, it also accounts for income generated from that output or total expenditures on finished goods and services and fewer imports.

Learn more about Gross Domestic Product here:

https://brainly.com/question/14768180

#SPJ5

When Christina looked at the tag on the dress she just purchase, she noticed it said "Made in Korea". By purchasing this dress, Christina is participating in the global economy.

Answers

Answer:

True

Explanation:

From the question, We are informed that when Christina looked at the tag on the dress she just purchase, she noticed it said "Made in Korea". By purchasing this dress,

In this case Christina is participating in the global economy. Global economy can as well be regarded as "world economy" which is an economic system where there is economic activities between different nation and within nations . Economic activities could be in term of production, exchange of financial values as well as consumptions, trading of various goods among nations.

Answer:

i think its true

Explanation:

im sorry if im wrong

Using the chart below for reference, how would you describe the relationship between the amount of education you receive and the amount of money you make? will make brainliest

Answers

Answer:

Positive correlation

Explanation:

As the level of education increases, the higher the level of income. This is a perfect example of a positive correlation. An increase in one of the variables ( education) increases the other variable( income). A positive correlation is also a direct relationship.

A negative correlation or indirect relationship is when an increase in one variable leads to the other variable moving in the opposite direction.

Pete is trying to get a loan. He has a credit score of 480. How is Pete’s lender likely to view this credit score?
Pete is responsible and will pay the loan back on time.
Pete is responsible but will not pay the loan back on time.
Pete is irresponsible but will pay the loan back on time.
Pete is irresponsible and will not pay the loan back on time.


im mad at brainly so ima mark the best answer brainiest

Answers

Answer:

Pete is irresponsible and will not pay the loan back on time

Explanation:

Credit scores range from 300 to 850. In general, borrowers are categorized according to their credit scores as below

 A score between    300- 629... bad

                                 630-689 ... fair

                                 680-719 ...good

                                 720- 850... excellent

Pete has a bad credit score as per the above classification. He surely has a bad history when it comes to repaying loans. Lenders will consider him a high-risk borrower likely to default on his loan repayment.

Answer:

The correct answer is D. Pete is irresponsible and will not pay the loan back on time

Explanation:

That is the most likely way Pete's lender will view his credit score

Hopefully this helps :3 sorry if wrong :( Plz mark brainiest if correct :D Your bootiful/handsome! Have a great day luv <3 (I know Im like almost a year later but yayyyyyyy- Hopefully you passed your quiz/test :D)

-Bee~

this is the real answer

Answers

Answer:

ummmmmmmmmmm thank you?

Answer:

Sorry, I could have told you the correct answer if I was there.

Explanation:

The difference between a chemical and physical change is that a chemical change cannot be undone and a physical change can be undone. I hope this help future questions. -3-

Tina works a cash register and has to hold her arm at a certain angle to scan her customers' items. What is the ergonomic hazard in this situation?
Select the best option.

Awkward posture


Incorrect tool usage


Relaxed arms and shoulders


Repetitive moveme

Answers

Answer:

repetitive movement

Explanation:

i actually had this question in my last period that's so fun hahha good luck

The ergonomic hazard in this situation given above is:

A. Awkward posture

According to the given scenario, a cashier has to hold her hand in a certain manner in order to properly scan the items of the customers who came to make purchases at the store.

As a result of this, we can see that the ergonomic hazard which is described from the above scenario is that of an awkward posture which Tina, the cashier has to perform.

Therefore, the correct answer is option A

Read more here:

https://brainly.com/question/2795852

brunomendez878788cano​

Answers

Answer:

what does that mean i even tryed to look it up but it says

Explanation:

12. One of the benefits of developing a business plan for a new start-up is:
(1 Point)
I shows 91actly how much profit the business will make
it makes sure that the bank will lend all the capital needed
it means that the business start up has no risk of failure
it assists in organising the resources needed for the new business​

Answers

Answer:

it assists in organising the resources needed for the new business​

Explanation:

A business plan details the mission and objectives of an entity. It explains the nature of business the entity will engage in, the target market, the resources it requires, and the projected revenues and expenses.

A business plan is useful when soliciting resources. Although a business plan does not guarantee a hundred percent financing, It shows how much resources will be required and how they shall be used. This helps the founders to know what is required at what stage and make the necessary arrangements.

A Venture Capital Analyst gives money to new companies, so they can have
ownership of that company.

True or false

Answers

Answer:

False

Explanation:

Venture partners only tend to be compensated via carry interest, which is a percentage of the returns that funds make once they cash out of investment opportunities. Thus, they help no ownership whatsoever.

Adidas America Inc. v. Payless Shoesource Inc.
Sneaker giant Adidas once went to war with discount shoe chain Payless, and the conflict was all due to stripes. Adidas has used three stripes on its shoes since 1952, and has registered the pattern as its trademark. But during the 1990s, Payless began selling athletic shoes with a similar look. Some of their sneakers had two parallel lines and others had four. The two companies met and reached an agreement. Payless would stop selling its shoes. However, Payless brought back its striped shoes in 2001, which went against the settlement. So Adidas America Inc. took them to court. The jury trial lasted seven years. During the course of it, 268 pairs of sneakers were examined. By the end, the jury determined that Payless owed Adidas $305 million. Wall Street Journal’s Law Blog declared that was $100 million for each stripe.

Why is this case an example of trademark violation?
A) Payless made sneakers with a pattern that is similar to the Adidas logo
B) Payless hired a designer from Adidas to create sneakers for them,
C) Payless used the Adidas logo in its TV commercials and print ads
D) Payless made running shoes based on the style and design of an adidas sneaker.

Answers

Answer:

A) Payless made sneakers with a pattern that is similar to the Adidas logo

Explanation:

Answer:A) Payless made sneakers with a pattern that is similar to the Adidas logo

Explanation:

Uno dos one two e r
Chicken nuggets.

Answers

Answer:

i swim in points

Explanation:

bonqueque

Answer:

Explanation:

In what areas do federal agencies regulate to ensure safety and the general
wellness of US citizens?

a. Businesses
b. Environment
c. Products
d. All of the above

Answers

Answer:

d. All of the above

Explanation:

Government regulations are the rules that players in an industry must abide by. In a free-market economy like the US, the government's main role is to regulate economic activities. The government enforces regulation through its various agencies.

The areas of regulations include but are not limited to

Protecting consumers from undue exploitation by businesses, Encourage fair business competition Promote a healthy, safe work environment for employees Promote and sustain a clean environmentPrivate data protection and security

Which statement best describes the relative risk of two types of investment?
A Bonds are riskier than mutual funds.
B. Individual retirement accounts are riskier than stocks.
C. Stocks are riskier than savings accounts.
D. Certificates of deposit are riskier than hedge funds.

Answers

Answer:

C. Stocks are riskier than savings accounts

Explanation:

Risk in business refers to the possibility of losing capital or incurring heavy losses. The riskier the business, the higher the chances of losses but also the higher the expected returns.

Saving is setting money aside for future use while investing involves engaging in commercial activities to generate wealth. Saving is risk-free as the money saved is not exposed to any potential losses. the gain from savings is low as the funds are not "active."

Purchasing stocks is an investment. The buyer expects dividends and the stock prices to increase and realize capital gains. However, there is a risk that prices might decline, and dividends might not be declared.    

Answer: hey hey i dont know if you still need this answered but im pretty sure its C

Explanation:

OMG! Does anyone remember the commercial that goes “1-800-CONTACTS”

Answers

Answer:

YESSSSSS I DOOOOOO THAT THING WAS WERIDDDD

Answer:

Yes

Explanation:

George Kyparisis owns a company that manufactures sailboats. Actual demand for​ George's sailboats during each of the past four seasons was as​ follows: Year Season 1 2 3 4 Winter 1 comma 4401,440 1 comma 2001,200 1 comma 0001,000 920920 Spring 1 comma 5601,560 1 comma 4401,440 1 comma 6401,640 1 comma 5801,580 Summer 1 comma 0001,000 2 comma 1402,140 2 comma 0402,040 1 comma 9001,900 Fall 680680 810810 650650 500500 George has forecasted that annual demand for his sailboats in year 5 will equal 5 comma 6005,600 sailboats. Based on the given data and using the multiplicative seasonal​ model, the demand level for​ George's sailboats in the spring of year 5 will be nothing sailboats ​(enter a whole ​number). Enter your answer in the answer box and then click Check Answer.

Answers

Answer:

Forecast for Spring season demand year 5 = 1,680 sailboats

Explanation:

total demand:

year 1 = 4,560

year 2 = 5,590

year 3 = 5,410

year 4 = 5,040

average quarterly demand:

year 1 = 4,560 / 4 = 1,140

year 2 = 5,590 / 4 = 1,397.5

year 3 = 5,410 / 4 = 1,352.5

year 4 = 5,040 / 4 = 1,260

Spring season demand:

year 1 = 1,520

year 2 = 1,400

year 3 = 1,640

year 4 = 1,580

Seasonal factor for Spring season:

year 1 = 1,520 / 4,560 = 0.3333

year 2 = 1,400 / 5,590 = 0.2504

year 3 = 1,640 / 5,410 = 0.3031

year 4 = 1,580 / 5,040 = 0.3135

Average seasonal factors for Spring season = (0.3333 + 0.2504 + 0.3031 + 0.3135) / 4 = 0.3

Forecast for Spring season demand year 5 = 0.3 x 5,600 sailboats = 1,680 sailboats

Which loan created a habit where the borrower kept coming back to request an extension?

Answers

Answer:

Extension proposals are not rare because of the buyer's perspective of bridging finance as well as the explanations for both the requirements can indeed be broad. The much more common explanations are.  

Explanation:

It has required longer than planned to secure planning approvals. When a transaction has been negotiated, the borrower awaits an exchange of contracts. Additional resources as well as time are needed by the creditor to accomplish his project. Refurbishment analysis was suddenly postponed.Before actually refinancing the debt, the creditor waits for something like a new lender to conclude his thorough research. Throughout the final moment, the buyer of the creditor's property backs out, causing the borrower to bring the estate back into the marketplace. Throughout the last minute, the previous buyer refinancing the property backs out, obliging the creditor to find some mortgage company.

It will be able to skip a set number of initial payments if you get a loan extension. Because of the buyer's perspective of bridging extension, finance proposals are common, and the explanations for both demands can be quite extensive.

Obtaining planning approvals has taken longer than anticipated.The borrower awaits the exchange of contracts after a transaction has been negotiated. The creditor will require additional money as well as time to complete his project.The investigation of refurbishment was abruptly postponed.The creditor waits for something like a new lender to finish his or her comprehensive research before refinancing the debt.The buyer of the creditor's property backs out at the last minute, forcing the borrower to relist the property on the market.The prior buyer refinancing the property backs out at the last minute, forcing the creditor to locate another mortgage provider.

For more information related to borrower's habits on extension requests, refer to the link:

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The members of a certain business run the risk of losing their personal property should the enterprise fail. This is because they
1.have unlimited liability
2. have limited liability
3.are members of the board of directors
4.own ordinary shares

Answers

i believe the answer is 2/b, have limited liability. this is because they are paying for insurance, which only gives them a limited amount of times where they can ask for a payout before the insurance either skyrockets, or your plan is cancelled because you are deemed a flight risk. hope that helped!

The correct option is 2. Have unlimited liability.

The following information should be considered:

As it is pay off the insurance that provides the limited amount of time that could ask for the payout prior to the insurance. It can be either skyrockets, or the plan should be cancelled due to flight risk.

Learn more; brainly.com/question/17429689

*ECONOMICS* Which situation best illustrates the concept of absolute advantage?
A. A factory in Vietnam can produce more shoes than other
countries.
B. The total value of U.S. exports is lower than the value of the
country's imports.
C. A software company is forced to increase its prices to pay for
rising labor costs.
D. A restaurant buys its ingredients from nearby farms to help the
local economy

Answers

Answer:

A. A factory in Vietnam can produce more shoes than other

countries.

Explanation:

Absolute advantage is the potential of an individual,  a company, or a  country to produce a higher quantity of output than its competitors while using the same inputs. It means an institution with absolute advantage has more efficiency in producing a particular commodity than its rivals. It utilizes lower marginal cost (materials and labor), making its output much cheaper than others.

A factory in Vietnam has an absolute advantage because it can produce shoes at a lower cost than others. Absolute advantage makes the factory more competitive in the market than its rivals.

Answer:

a.

Explanation:

ap3x test

Ryo Akita currently earns a monthly salary of $2,200. She has been offered a raise of $250 per month. How much more will she earn per year at her new salary? $3,000

Answers

Answer:

Yearley increase= $3,000

Explanation:

Giving the following information:

Current salary= $2,500

Salary increase= $250

To calculate the yearly increase in her income, we need to use the following formula:

Yearley increase= monthly increase* number of months

Yearley increase= 250*12

Yearley increase= $3,000

State whether each of the following is an asset or a liability. a. Loan from Muthoot Finance b. Prepaid Insurance c. Amount owing to supplier d. Accrued wages​

Answers

Answer:

See below

Explanation:

Assets are items of value that belongs to a business or a person.  They are acquired through buying either on cash or credit. Assets can be inherited or received as presents. Assets are in the form of money, properties, or property rights

Liabilities are debts a business or person owes to third parties. They are unpaid obligations that should be settled when they become due or on-demand.

a. Loan from Muthoot Finance: Liability, money owed to Muthoot finance

b. Prepaid Insurance: Asset, Money paid for unused services.

c. Amount owing to a supplier: Liability, debt to the supplier

d. Accrued wages​ : Liability, Money owed to employees

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